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NDIC pays N1.08bn to depositors of failed banks - Vimarsana News

NDIC pays N1.08bn to depositors of failed banks

The Managing Director of the Nigeria Deposit Insurance Corporation, Mr Bello Hassan, said it has paid about N1.08bn to 29,573 depositors

NDIC Announces Payment of Over N1bn to Depositors of Failed Banks, Releases More Names - Vimarsana News

NDIC Announces Payment of Over N1bn to Depositors of Failed Banks, Releases More Names

Nigeria Deposit Insurance Corporation has revealed that depositors of failed microfinance, payment banks have received over N1 trillion from the funds recovered.

Source: legit.ng
NDIC Pays N1.08bn to 29, 573 Depositors of Closed Financial Institutions - Vimarsana News

NDIC Pays N1.08bn to 29, 573 Depositors of Closed Financial Institutions

By Tony Obiechina, Abuja The Managing Director of the Nigeria Deposit Insurance Corporation, Mr Bello Hassan, says it has paid about N1.08bn to 29,573 depositors of the recently closed Microfinance Banks and Primary Mortgage Banks. He disclosed this at the 18th Abuja International Trade Fair on Thursday. While noting that payment was still ongoing, he